Company Snapshot: Globex Mining Enterprises (GMX)

It is not uncommon for activity to wind down in the junior mining sector during the late fall months. Investors often sell stocks trading below their average purchase price in order to realize a tax loss at this interval. This frequently leads to weak market performance during the seasonal window before the more bullish winter months renew expectations. Nonetheless with […]

Ownership of exploration properties in highly prospective districts is the foundation to the creation of value in the mining sector. However, the achievement of a discovery is only the beginning of the process for those fortunate enough to do so. Thereafter, the lengthy process to define a deposit and optimize economic variables along the path to mine development can add […]

With dozens of successful transactions completed in recent years, Globex Mining Enterprises Inc. (CA: GMX – $0.79 & US: GLBXF – $0.58 & GER: G1MN – €0.52) and its shareholders benefit from the steady news flow from by active partners. One such transaction was an option deal announced in January of this year, enabling Brunswick Exploration Inc. [BRW] the opportunity […]

Mineral exploration tends towards the risky side of the spectrum with an uncertain outcome even for the best projects. Therefore having more irons in the fire improves the odds to achieve success. Globex Mining Enterprises Inc. (CA: GMX – $0.78 & US: GLBXF – $0.58 & GER: G1MN – €0.52) has been very effective using the project generator strategy. Many […]

The Province of Quebec has been ravaged by intense forest fires this year, curtailing work activity by junior explorers that may have been active in these areas. The crisis appears to be winding down and access has been restored in most of the affected regions. This is good news for the junior mining sector, and also represents perfect timing for […]

Globex Mining Enterprises Inc. (CA: GMX – $0.76 & US: GLBXF – $0.57 & GER: G1MN – €0.52) announces a new option deal, in addition to updates presented by existing option and royalty partners. Yet another transaction has been completed to vend an early-stage exploration asset to a joint venture partner. The option deal enables junior explorer Burin Gold Corp. […]

Another batch of news and updates has been issued that is of interest to shareholders of Globex Mining Enterprises Inc. (CA: GMX – $0.79 & US: GLBXF – $0.60 & GER: G1MN – €0.53). Several option partners are advancing exploration programs and are presenting promising results. Among them, the steady exploration progress achieved by Orford Mining Corporation [ORM] at the […]

It has been another exciting week for the junior mining sector. Just considering the province of Quebec, many active companies are engaged in exploration programs focused to expand historic deposit areas. Among this group, three companies independently advancing resource projects have presented progress updates that are of interest to shareholders of Globex Mining Enterprises Inc. (CA: GMX – $0.82 & […]

Operating under a project-generator business model, Globex Mining Enterprises Inc. (CA: GMX – $0.83 & US: GLBXF – $0.60 & GER: G1MN – €0.54) has been able to achieve numerous notable transactions in recent years. Securing high quality property assets for minimal costs during intervals of bearish market conditions enabled the Company to build up an impressive portfolio of available […]

With so many active partners currently advancing exploration prospects, Globex Mining Enterprises Inc. (CA: GMX – $0.74 & US: GLBXF – $0.54 & GER: G1MN – €0.49) always seems to have positive updates to relay that are of interest to shareholders. This week, we discuss four updates issued by transaction partners. Royalty partner Radisson Mining Resources [RDS] published an update […]